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Given the following data: D1 = $3.50; P0 = $70.00; and g = 25% (constant). Based on the DCF approach, what is the cost of

Given the following data: D1 = $3.50; P0 = $70.00; and g = 25% (constant). Based on the DCF approach, what is the cost of equity from retained earnings based on DCF approach?

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